Asian shares were mixed on Friday in quiet trade with many regional markets shut for the Easter holidays, except for Japan, China and South Korea.» Read More
NEW YORK, April 18- Dozens of the largest U.S. stock exchanges, brokerages and high-frequency trading firms were hit with a class action lawsuit by the capital of the state of Rhode Island, accusing them of manipulating the U.S. securities markets.
Markets in Europe, the U.S. and many countries in Asia were closed for the holiday. On Thursday, global stocks were subdued after Google and IBM reported weak results, even though General Electric was optimistic and Goldman Sachs and Morgan Stanley beat expectations.
*U.S. economic recovery hopes invite long-money to Japan- trader. *Nikkei poised to post biggest weekly gain in 2 months. TOKYO, April 18- Japan's Nikkei share average advanced on Friday after upbeat U.S. economic data and corporate earnings bolstered investors' risk appetite.
April 17- A year ago, soon after Morgan Stanley posted disappointing quarterly earnings, Chairman and Chief Executive Officer James Gorman told board members the bank was on the right track and investors who sold shares had made a mistake. Morgan Stanley posted a 55 percent gain in first-quarter profit.
Stocks closed mostly higher Thursday as upbeat earnings news from several large U.S. companies encouraged investors. General Electric, Morgan Stanley and PepsiCo all moved higher after reporting their first-quarter financial results.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Western Union Co., down 80 cents to $15.25. Barnes& Noble Inc., down $2.23 to $16.37.
NEW YORK, April 17- The major U.S. stock indexes ended a holiday-shortened week with mostly gains on Thursday, giving the S&P 500 its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results.
NEW YORK, April 17- Morgan Stanley's big bet on wealth management is looking strong as fees, commissions and interest collected by its more than 16,000 brokers fueled a 13 percent rise in the business's first-quarter net income from a year earlier to $423 million, the company said Thursday.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks advanced slightly in choppy trading on Thursday after three days of gains, as underwhelming results from tech bellwethers Google and IBM were offset by upbeat quarterly numbers, including those from Morgan Stanley and General Electric.
LONDON, April 17- European equities finished higher on Thursday after losing ground earlier in the session, with upbeat results from major U.S. companies like Morgan Stanley, Goldman Sachs and General Electric improving sentiment.
Quarterly results from Morgan Stanley, Goldman Sachs and General Electric improved risk sentiment, though results from tech heavyweights Google and IBM Corp were disappointing. "When we look at the U.S. results coming out today, there was a predominantly positive beat overall," Gerhard Schwarz, head of equity strategy at Baader Bank, said.
April 17- Shares of Sabre Corp, the airline ticketing technology provider that also owns online travel agency Travelocity, rose as much as 7 percent in their market debut after the company sold fewer shares than expected in its initial public offering and priced them below the targeted range.
LONDON, April 17- European equities rose in late trading on Thursday after losing ground earlier in the session, with upbeat results from major U.S. companies like Morgan Stanley, Goldman Sachs and General Electric improving sentiment.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks were little changed in choppy trading on Thursday following three days of gains, as underwhelming results from tech giants Google and IBM were offset by upbeat quarterly numbers including those from Morgan Stanley and General Electric.
CNBC's David Faber and Morgan Stanley chairman and CEO James Gorman, discuss when banks will finally be clear of legacy issues stemming from the financial crisis and attracting new talent.
CNBC's David Faber speaks with Morgan Stanley chairman and CEO James Gorman about the bank's quarterly earnings and institutional business. Gorman also explains how Morgan Stanley has reshaped its fixed income business.
April 17- Google Inc's disappointing first-quarter results left Wall Street unfazed about the internet giant's ability to come to grips with the shift to the fast-growing mobile advertising market. Google shares were down about 3 percent in early trading on Thursday, and at least 12 brokerages cut their target price on the stock.
Technology stocks are leading an early decline on Wall Street after Google and IBM reported disappointing earnings. Mattel and UnitedHealth Group also fell in early trading Friday after their own results fell short of what investors were expecting. Goldman Sachs and Morgan Stanley rose after reporting better results than analysts had forecast.
*Morgan Stanley says "strong performance" bolstered FICC. LONDON/ NEW YORK, April 17- Goldman Sachs and Morgan Stanley both cited stronger commodities trading as a bright spot in the first quarter, fueled at least in part by extraordinary volatility amid the coldest U.S. winter in three decades.